China–Australia Free Trade Agreement: Difference between revisions

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The Australia–China Free Trade Agreement is a proposed bilateral Free Trade Agreement (FTA) between the governments of Australia and China. The first round of negotiations began on May 23, 2005^[1] after a joint feasibility study. Since then 21^[2] negotiating rounds have been completed. It is expected that the FTA will be signed in November of 2014.^[3]^[4]^[5]

Provisions

While the negotiation details are not yet public, media reports have stated that the agreement will cover tariff reductions, trade in services, as well as investor protections.^[6]

References

External links

China-Australia FTA on the China FTA network

This Australian government-related article is a stub. You can help Wikipedia by expanding it.

This People's Republic of China-related article is a stub. You can help Wikipedia by expanding it.

[1] Australia-China FTA Negotiations, Department of Foreign Affairs and Trade

[2] ttp://www.dfat.gov.au/fta/acfta/140905_update.html

[3] ttp://www.smh.com.au/federal-politics/political-news/julie-bishop-optimistic-free-trade-agreement-with-china-set-to-be-signed-20141109-11jdkf.html

[4] ttp://www.theguardian.com/world/2014/nov/09/andrew-robb-free-trade-agreement-will-not-mean-cheap-chinese-labour

[5] ttp://www.heraldsun.com.au/business/breaking-news/robb-tips-china-fta-celebration/story-fnn9c0hb-1227117994399?nk=dba34ca4f081a85f21ce772e6a391d52

[6] ttp://www.theaustralian.com.au/national-affairs/foreign-affairs/bn-boost-from-china-trade-deal/story-fn59nm2j-1227117681627

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-The '''Australia–China Free Trade Agreement''' is a proposed [[bilateral trade|bilateral]] [[Free Trade Agreement]] (FTA) between the governments of [[Australia]] and [[People's Republic of China|China]]. The first round of negotiations began on May 23, 2005<ref>[http://www.dfat.gov.au/geo/china/fta/050526_subscriber_update.html ''Australia-China FTA Negotiations''], ''[[Department of Foreign Affairs and Trade (Australia)|Department of Foreign Affairs and Trade]]''</ref> after a joint [[feasibility study]].  Since then 18<ref>https://www.dfat.gov.au/fta/acfta/</ref> negotiating rounds have been completed.  In contrast to other countries, Australia is seeking a full FTA including all sectors instead of a gaining a smaller FTA on some issues.  Negotiations have dragged on as Australia has been unsatisfied with China's offer on [[market access]] for goods including agricultural goods.
+The '''Australia–China Free Trade Agreement''' is a proposed [[bilateral trade|bilateral]] [[Free Trade Agreement]] (FTA) between the governments of [[Australia]] and [[People's Republic of China|China]]. The first round of negotiations began on May 23, 2005<ref>[http://www.dfat.gov.au/geo/china/fta/050526_subscriber_update.html ''Australia-China FTA Negotiations''], ''[[Department of Foreign Affairs and Trade (Australia)|Department of Foreign Affairs and Trade]]''</ref> after a joint [[feasibility study]].  Since then 21<ref>http://www.dfat.gov.au/fta/acfta/140905_update.html</ref> negotiating rounds have been completed. It is expected that the FTA will be signed in November of 2014.<ref>http://www.smh.com.au/federal-politics/political-news/julie-bishop-optimistic-free-trade-agreement-with-china-set-to-be-signed-20141109-11jdkf.html</ref><ref>http://www.theguardian.com/world/2014/nov/09/andrew-robb-free-trade-agreement-will-not-mean-cheap-chinese-labour</ref><ref>http://www.heraldsun.com.au/business/breaking-news/robb-tips-china-fta-celebration/story-fnn9c0hb-1227117994399?nk=dba34ca4f081a85f21ce772e6a391d52</ref>
-==Criticism==
+==Provisions==
+While the negotiation details are not yet public, media reports have stated that the agreement will cover tariff reductions, trade in services, as well as investor protections.<ref>http://www.theaustralian.com.au/national-affairs/foreign-affairs/bn-boost-from-china-trade-deal/story-fn59nm2j-1227117681627</ref>
-Although negotiations are ongoing and the agreement's details are yet to be completed, there have already been criticisms of the FTA from some in the Australian manufacturing industry. The concerns relate to the possibility that by eliminating [[tariffs]] there will be an influx of cheaper Chinese imports, putting Australian manufacturers out of business.<ref>[http://www.bilaterals.org/article.php3?id_article=6113 ''Don’t worry about FTA, says China''], ''[[The Age]]'', October 3, 2006</ref><ref>[http://www.dfat.gov.au/geo/china/fta/facts/manufacturing_2.html ''Interests and concerns of the Australian manufacturing sector''], ''[[Department of Foreign Affairs and Trade (Australia)|Department of Foreign Affairs and Trade]]''</ref>
 ==See also==
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 [[Category:Proposed free trade agreements]]
 [[Category:Free trade agreements of Australia]]
 {{Australia-gov-stub}}